The Study on the Relationship between Energy Consumption and Economy Growth in China Based on VAR Model

2009 ◽  
Author(s):  
He-rui Cui ◽  
Di Wang
Keyword(s):  
Energy Consumption ◽  
Var Model ◽  
Economy Growth ◽  
The Relationship

An Empirical Study on China's Energy Consumption, Carbon Emissions and Economic Growth

2013 ◽  
Vol 869-870 ◽  
pp. 377-380
Author(s):  
Meng Hui Liu ◽  
Kun Kun Xue
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Empirical Investigation ◽  
Var Model ◽  
Low Carbon ◽  
Low Carbon Economy ◽  
Negative Effect ◽  
The Relationship ◽  
Carbon Economy

With the development of low-carbon economy, it is necessary to explore the relationship between energy consumption, carbon emissions and the economic growth correctly. In this paper, the VAR model was proposed with analyzing the relationship between the three factories through pulse response graph. Through the empirical investigation, the result shows: increasing energy consumption can promote economic growth, while the increasing consumption will also raise emissions of carbon. However, the emissions of carbon have negative effect on economic growth. Therefore, we must correctly handle the relationship between the three factories. Thus, it offers the best way to develop the economic in this paper is to develop the low carbon economy.

scholarly journals THE NEXUS BETWEEN ENERGY CONSUM PTION AND ECONOMIC GROWTH: THE CASE OF MÉXICO

2017 ◽  
Vol 10 (20) ◽  
pp. 24 ◽  
Author(s):  
Sibe Jacob Pegou ◽  
Chiatchoua Cesaire
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Serial Correlation ◽  
Granger Causality Test ◽  
Stochastic Variable ◽  
Causality Test ◽  
Economy Growth ◽  
Lm Test ◽  
Growth Prospects ◽  
The Relationship

This study examines the relationship between energy consumption and economic growth in Mexico within a multivariate framework in order to determine the degree to which energy consumption influences economic growth prospects in Mexico. Throughout this study, we look at the relation- ship between different forms of energies and economy growth. We used the granger causality test, which enabled us to verify the direction of causality between the variables of interest; the Breusch-Godfrey Serial Correlation LM test, to test for serial correlation of the stochastic variable and the ADF to test for stationary of the model. The results showed that there is a bi- directional relationship between economic growth and energy consump- tion in Mexico. Looking at all the sectors of usage of energy, we found that electricity produced from coal, nuclear and hydroelectric sources impact positively on economic growth, whereas electricity produced from natural gas and oil highly negatively impact on economic growth.

scholarly journals The Relationship Between Energy Consumption, Economic Growth, Inflation and Trade Openness: An Analysis for Fragile Five Countries

2017 ◽  
Vol 6 (6) ◽  
pp. 21-41
Author(s):  
Asuman Koç Yurtkur ◽  
Bersu Bahtiyar
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Energy Consumption ◽  
Trade Openness ◽  
Structural Var ◽  
Var Model ◽  
Substantial Part ◽  
Annual Data ◽  
Macroeconomic Indicators ◽  
The Relationship

Energy is one of the most important dynamics of economic growth all over the world. Specially developing countries are in need of much more enery to provide economic growth. In this study, the relationship between energy consumption, economic growth, inflation and trade openness is exaimined by using structural VAR model for fragile five countries which have similar characteristics in terms of macroeconomic indicators. The analysis carried out with annual data that contains 1971-2013 period for fragile countries which contains of Turkey, South Africa, India, Indonesia and Brazil. According to the empirical results of the study, shocks that emerged in economic growth affect energy consumption positively but decreasingly in all countries. A substantial part of changes in energy consumption are explaned with economic growth in Turkey, India and Brazil. More than 80 percent of changes in energy consumption arise from energy consumption in South Africa and Indonesia.

scholarly journals Empirical Research on the Relationship amongst Renewable Energy Consumption, Economic Growth and Foreign Direct Investment in Kazakhstan and Uzbekistan

Energies ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 332
Author(s):  
Janusz Grabara ◽  
Arsen Tleppayev ◽  
Malika Dabylova ◽  
Leonardus W. W. Mihardjo ◽  
Zdzisława Dacko-Pikiewicz
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Direct Investment ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Renewable Energy Consumption ◽  
Integration Test ◽  
The Relationship

In this contemporary era, environmental problems spread at different levels in all countries of the world. Economic growth does not just depend on prioritizing the environment or improving the environmental situation. If the foreign direct investment is directed to the polluting industries, they will increase pollution and damage the environment. The purpose of the study is to consider the relationship between foreign direct investment in Kazakhstan and Uzbekistan and economic growth and renewable energy consumption. The study is based on data obtained from 1992 to 2018. The results show that there is a two-way link between foreign direct investment and renewable energy consumption in the considered two countries. The Granger causality test approach is applied to explore the causal relationship between the variables. The Johansen co-integration test approach is also employed to test for a relationship. The empirical results verify the existence of co-integration between the series. The main factors influencing renewable energy are economic growth and electricity consumption. To reduce dependence on fuel-based energy sources, Kazakhstan and Uzbekistan need to attract energy to renewable energy sources and implement energy efficiency based on rapid progress. This is because renewable energy sources play the role of an engine that stimulates the production process in the economy for all countries.

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